9536 Compton, Los Angeles, California 90002, Los Angeles, 90002 - bed, bath

9536 Compton, Los Angeles, California 90002 home-pic-0
ACTIVE$900,000
9536 Compton, Los Angeles, California 90002
0Bed
0Bath
2,551Sqft
6,759Lot
Year Built
1923
Close
-
List price
$900K
Original List price
$900K
Price/Sqft
$353
HOA
-
Days on market
-
Sold On
-
MLS number
DW25267533
Home ConditionPoor
Features
ViewNeighborhood

About this home

We found 3 Cons,5 Pros. Rank: price - $900.0K(75th), sqft - 2551(75th), beds - undefined(50th), baths - undefined(50th).

Don’t miss out on this incredible investment opportunity in Los Angeles! This property features three existing units plus an unpermitted bonus unit already equipped with water, electricity, and a gas meter. The lot is zoned R-3, offering powerful redevelopment potential in a rapidly growing neighborhood. Don’t let the current low rents fool you—this is a value-add dream! You can build an ADU for additional passive income, or take full advantage of the R-3 zoning and rebuild the entire lot into a multi-family complex up to 45 feet tall. That means the potential for multiple new units and significantly higher income. The white multifamily building on E 95th Street and Compton Ave is a perfect example of what's possible here. This rare opportunity will not last. Savvy investors—don’t sleep on this deal! Drive by only, do not disturb tenants or enter the easement driveway. Sold As-is- Buyer to conduct all due diligence. Buyer are strongly encourage to independently verify zoning, development prospect, and required remediation with Los Angeles County.

Price History

Date
Event
Price
11/28/25
Listing
$900,000
01/03/02
Sold
$172,000
11/13/00
Sold
$140,000
04/08/98
Sold
$268,000
06/06/97
Sold
$100,000
Condition Rating
Poor

This property, built in 1923, is explicitly marketed as an 'As-is' sale and a 'value-add dream' with 'low rents,' strongly indicating significant deferred maintenance and outdated conditions throughout. The lack of interior photos, the 'drive by only' restriction, and the presence of an 'unpermitted bonus unit' further suggest that the existing structures require substantial repairs and rehabilitation. While the exterior shows basic upkeep, the overall context points to kitchens, bathrooms, and other major systems being very old and in need of complete renovation, likely with significant defects affecting comfort or safety. The property's primary value is in its redevelopment potential, not the current condition of its structures.
Pros & Cons

Pros

High Redevelopment Potential: The R-3 zoning allows for significant multi-family development up to 45 feet tall, offering the potential to build multiple new units and substantially increase future income.
Multiple Income Streams: The property features three existing units plus an unpermitted bonus unit, providing immediate and diversified rental income opportunities.
Value-Add Investment: Described as a 'value-add dream' with current low rents, indicating significant upside potential through rent optimization and property improvements.
ADU Development Potential: The property offers the explicit potential to build an Accessory Dwelling Unit (ADU) for additional passive income, further enhancing its investment appeal.
Strategic Location: Located in a rapidly growing neighborhood within Los Angeles, suggesting strong long-term appreciation potential and robust rental demand.

Cons

As-Is Condition & Due Diligence Burden: The property is sold 'As-is,' placing full responsibility on the buyer for extensive due diligence, potential repairs, and remediation, which may involve unforeseen costs.
Unpermitted Bonus Unit Risk: The presence of an unpermitted bonus unit introduces potential legal, permitting, and financial challenges for legalization or possible removal.
Restricted Property Access: The 'drive by only, do not disturb tenants' restriction limits thorough property inspection and tenant assessment, hindering a comprehensive understanding of current conditions.

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